Digital health startup, Augment Therapy announced they have landed a $1 million investment from Dayton, Ohio-based managed health care organization, CareSource. Augment Therapy is based in Chagrin Falls, Ohio and was founded in 2017 by physical therapist, Lindsay Watson and Steve Blake, a medical and tech-education software expert.
Augment Therapy has developed immersive technology that makes a game out of doing physical therapy, first, for children, and then for adults. The company has created MOCAST, a patent-pending technology that offers full-body skeletal tracking during interactive therapy sessions by using computer vision technology rather than wearable technology.
The latest investment is expected to strengthen Augment Therapy’s partnership with CareSource, which began a pilot program in March. The investment is aimed at expanding the pilot into new markets in Ohio, Georgia, Indiana, Arkansas, Texas, Florida, Kansas and Michigan.
“CareSource believes Augment Therapy’s innovative, immersive technology can transform the health care industry’s approach to physical therapy and significantly improve rehabilitation outcomes for patients with significant disabilities and complex health needs,” said Josh Boynton, senior vice president for complex health solutions at CareSource, in a statement.
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